Off-Market Property at 1408 N Pine Hills Rd, Orlando, FL, 32808

1408 N Pine Hills Rd, Orlando, FL, 32808

$294,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $263 per day and long-term for an average of $2,206 per month, based on similar listings in the area. Estimated short-term cap rate of 10.1%. Estimated long-term cap rate of 2.0%. Welcome to this one story 4 Bedroom, 2 bath single-family house. This unique property is ideal for the primary residence, investment property or business opportunity. House has a split floorplan with 3 bedrooms and full bathroom on one side, primary bedroom and bathroom on other side as well as a bonus room with its own exterior entrance. The primary suit and bonus room have their own window units and do not contribute to the sq. footage count. The house also has central A/C. The property needs some TLC but has a lot of potential. You will love the large, fenced backyard perfect for your pets and entertaining. This home is a diamond in the rough but with your touches, it could be really cool! Make it your home or take advantage of P-O (Professional Office) zoning and renovate into an office! We welcome you to schedule a private showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1943
Bedrooms
4
Bathrooms
2
SQFT
1,540
Furnished
unknown
Year built
1952
Listing Status
Off Market
MLS
O6176762

Short-term Rental Potential
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$50,532

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$190

Price/SQFT

Long-term Rental Potential
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$26,472

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,206/mo

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